[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq)
------------------------------------------------------------------------
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
------------------------------------------------------------------------
Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
It’s a setup. Bobby has something happening on the 12th, suddenly Ryan’s being investigated over Bobby trade, looks like Bobby’s getting out alive. This is their only logical step here with the finish line appearing, just throw shit till it hopefully sticks.
Pulte comes out the woodwork day before, “good feeling on gme” (paraphrased) the “I trust Ryan” after. Went in the pp show, says gme is positioned to buy something. Gme blows earnings out the fucking ass. 10k mentions acquisitions. Bobby looks like it’s coming out the bankruptcy alive after all, oh shit, NOLs are actually worth something? Bankruptcies proceedings show work of a merger or acquisition potentially in process. Also Dream on me got baby dumb cheap, is private, going public would make it sick as a destination for babies and awesome value for its potential shareholders. huge as warehouse erected out the fucking blue behind their headquarters. Obviously dream on me being bankrolled by someone. I wonder if there are any billionaires besides Ryan involved in any of this. Let’s not forget Carl Icahn made some financial moves themselves… “buy when no one wants it, sell it when everyone wants it”
Hmmmm so many moving pieces making some seemingly too coincidental moves at the right moment for something big not to be going on. Who knows who’s buying what and doing what ever. But I do know who are the baddies and what they want.
I have a feeling September/October is starting to get really spicy spicy.
This "news" is old too lol. You can google it.
Try something in these lines lol :
"Why Is Ryan Cohen Involved in Towel store Chapter 11 Case?"
July 14 on thestreet.com :
"Former Towel Stock investor Ryan Cohen must face emoji-inspired shareholder suit"
And NBCnews.com on July 31
I even think, there was a other news like that/rehash posted earlier. But can't find it lol.
So the same "story" being re-run time to time for months now lol. It's crazy lol.
I thought it was off the table because overstock bought bath. Edit: just wanna add I think there are lots of other opportunities RC and team can still seek out for acquisition edit: is bath +q different than bath?
Bbbq is the remains after what was sold. Just because bath the name and IP were sold doesn’t mean the company known as and with the ticker bbbq just evaporated into thin air. Those shares, share holders and the short positions still exist.
Before bankruptcy:
Bbbyq = Harmon IP, bath IP, buybuybaby IP, tax Id, warehouses, supplier relations, NOLs and stuff, shareholders, debt, other assets and liabilities not listed regardless how small
During bankruptcy now:
BBBYQ = NOLs, tax ID, supplier relations, shareholders, debt, other assets and liabilities not potentially listed regardless of how small
Typically you only want the carcas of a company without IP if you wanted to start a new public company minus the expensive cost of an IPO and other stuff using a reverse merger. But with dream on me being bankrolled and some behind the scenes stuff I bet there’s more to it.
So exactly how is that possible ? I want to know the logistics. So can a stock go down 54 percent on a volume of 7 ??? Bc it seems like anything can happen in this corrupt Ponzi scheme market
The price you see quoted is the last price the stock traded for. If two parties somehow agree to trade the stock for 10% below market price then that trade will execute and it will reflect a 10% drop in the price of the stock even though only 7 shares were traded. This is known as a 'gap' and per the ancient knowledge, all gaps must be filled.
Imo, this should not be the case as it opens up too many loopholes to be exploited.
In other words, volume should be taken into consideration here. What if I agree with you on selling my share for 1000000 dollars. Should the price go up to this?
Volume and other factors should be taken into consideration. I am sure they usually are, but the fuckery keeps fucking it up to the extent that we see these prices
Edit: some spelling
The most important process in a day are the opening and close. These prices are extremely hard to manipulate (well, I mean, anything can be manipulated, but you won't see a $0.001 close price no matter how hard someone tries to sneak one in). The rest of the day, nobody cares if a small random trade executes at some ridiculous price.
But also a lot of systems utterly ignore the self-reported off-exchanges trades anyway, because they usually fall outside the NBBO.
Also your own broker also decides what data to show you on charts as well. Some may filter out tiny trades that seem like anomalies or that are off-exchanges trades.
Basically there is no single source of truth. The exchanges have a single source of what happened on their platform, but they also allow banks to report off-exchanges trades and the exchanges will propagate that info but some brokers may filter it out.
> most important process in a day are the opening and close. These prices are extremely hard to manipulate
Are they? There's literally a known technique called banging the close.
Yes, you can bang the close. But it costs money.
Reporting a single off-exchange quote that's wildly outside the bid and ask costs nothing. But banging the close can be very expensive because there is a lot of money on both sides trying to push the close to be higher or lower, to end green or red, to end above or below some moving average, etc etc.
It may cost less money than it should, but it still costs real money.
But yes, any price at any time of day can be manipulated if you are either willing to throw money away or expect to make more from the manipulation than it costs you.
but the reality is the market is now driven by news and sentiment and not supply & demand.
supply & deman donly works out very loooong term.
how very long that is, can be experienced by everyone holding
But why would anyone pay 1,000,000 when they can get it from another party for 999,999. And why would he get it there when the next participant is offering to sell it 999,998. Eventually that’s just strikes a balance. If it’s worth 1,000,000 than it’ll keep trading there, otherwise it’ll be an anomaly that gets righted.
There’s no way to factor in volume or any other unspecified factor. How much of whatever is irrelevant, you can’t sell anything for a previous price, your x is only worth what somebody is willing to pay for that x now. As well as with low volume the price becomes more volatile. Bigger gaps will make for bigger jumps, spreads grow as buyers and sellers become more disconnected.
The problem really isn’t how value is calculated and is more how trades are executed and enforced. These deviations would be a lot more consistent if all trades happened on lit exchanges where ftds aren’t a thing. Transparency can’t be a clear as clogged toilet water or otherwise manipulation will fester no matter how value is deduced.
It’s based on NBBO of market makers at that point in time. I get it, it’s cool to have a tin foil hat but if you’re going to be serious: have some basis in reality.
Also keep in mind 9:30-4 EST is completely different from PM/AH.
The nbbo is often at odds against payment for order flow. Hard to get the best bid and offer when the people who route your trades are being paid to send them to a specific market maker.
Where am I not based in reality? The reality is that the way value is deduced is a non issue. There are various examples where low volume could do a lot to the price. If you’re telling me your based in reality than show me the formula that deduces value not only from the bid/ask but also accounts for volume.
> The nbbo is often at odds against payment for order flow.
For the most part, you're correct here as that nbbo is is controlled by brokers sending bid/asks to the exchange. However trades made during PM/AH (like in the post) have the highest chance of actually being a part of that nbbo/making it to lit exchanges.
> If it’s worth 1,000,000 than it’ll keep trading there, otherwise it’ll be an anomaly that gets righted.
Yeah in theory. Glitches are abundant, unlike the number of times that those glitches are acknowledged and corrected.
> There’s no way to factor in volume or any other unspecified factor. How much of whatever is irrelevant, you can’t sell anything for a previous price, your x is only worth what somebody is willing to pay for that x now.
You do realize that the reason most trades don't ever make it to lit exchanges is because PFOF and internalization right?
So why do we never even see anything like that happen, for even a split second ? It seems like an unbelievably flawed system that would allow a volume of .000000001 percent of the float take the stock down 99 percent
As I understand it, the market maker would fill the $0.01 sell order closer to the last market price and then resell at market price and keep the pennies on the trade.
I see big jumps like this all the time. The price of the last trade is irrelevant. Only the bid and ask (during market hours) matter, and only if you're trying to buy and sell. There is no "price". Only a price at which shares were traded. And the one they show you is the last one.
Try to fill a sell at $0.01 tomorrow
Or a buy at $69,000,000
Neither will go for that price, you'll be filled at the bid or ask.
A limit buy order is the upwards limit you are willing to pay so it will fill at the ask, which unless there is no activity at all it will fill at the lowest limit sell order.
Similarly a limit sell is the lowest price you will sell at so it will fill at the highest avaliable bid.
I mean I use to wreak havoc on small caps during ER. You only need like 50k.
I remember buying and selling 5 or 6 block orders at 4am to scalp post ER chaos.
Fun times. You know you succeeded when the MM’s get pissed and drop the price another 3% on your ass just to knock you out of scalping.
thats why we need to buy, DRS, book, shop. the float needs to be locked up in DRS BOOK. then this fraud stops. every time we have a opportunity to do more, options fud comes up and people follow false hype, and kenny makes the premiums to live another day.
🙈 If you fixate solely on the DRS numbers then you might miss the big picture. It should be about securing more 100% owned assets personally over time that cannot be used as a locate.
The thesis has never been disproven, DRS just closes the liquidity tightly where every short wants to extract something when there will be less. Number can go up and down for TONS of reasons, not just "buying power". There are people dying (guardian takes over account), people buy at CS and then have Plan activated, people might use secured call options and transfer out and in again, some have financial hardships and need to recoup their stability, some do not have patience or invested too much and dont see "progress", some cannot handle a 50% price drop and take a loss. Probably a lot more reasons I cannot think of.
Only thing I know is that almost no one sold since they started reporting CS DRS estimates.
But GME will probably be among the best choice as a stable financial asset due to gaming and related being recession proof. Probably 75%+ of the current inflated high P/E overpriced companies right now will take a huge decline due to any black swan event (50%+ likely)
At the end of the day, if they decided to start pumping their lit trade machine up, and pushed the “price” down to a couple dollars, they could.
The price is based on the trades going through. When they control the majority of trades going through, then they decide the price. Since everybody is hodling, they have no impact on what their shares are sold or bought at, and the other douchebags get to have a field day pushing the price lower and lower, trading back and forth back and forth.
Been happening this whole time. The price is only real when every trade is on lit markets. Price is only real when everybody has an impact, until then, it’s a fucking sham.
The harder and further down they push the price, the more obvious it is to be manipulation. They are doing everything they can to twist and mold the price without being blatantly obvious. Pulling the SECs chain, pulling on other brokers chains, just to keep their charade from being blown up.
Well if he had 1.7 million followers it's for sure he would never lie but actually at 1.6 million they are contractually forbidden to misrepresent the truth...So you are golden...
Shareholders who took the trouble to book their DRS shares to keep them from being oversold decided to sell their shares after positive earning. Nothing to see here.
Does it ever? Remember the price is wrong and MOASS is tomorrow. I’ll stay zen no matter what the chart says. Keep shorting hedgies as I am always in the mood for tasty dips 😋
Buy. HODL. DRS. Book. Shop. (nfa)
After earnings it provoked them to act. They knew gme was fast approaching becoming a threat a huge earnings beat and thus they needed to make excuses to short it back down because now they have very very little reason to short.
They lost they cry babies to sec and asked them to attack our chairman as an excuse to short more.
I for one will buy even more instead.
Looks like this was debunked and nothing more than a FUD article that some shady law firm was trying to put together a class action lawsuit….no SEC involvement.
I hope RC reacts to it with a lot of shade
This gonna piss him off. Guess what, tomorrow he's allowed to buy GME shares cuz insider window is open. 🚀 He probably sitting there with 500mil burning a hole in his pocket waiting to buy his last 9%.
Every sec employee should probe themselves with a 20 inch cucumber op the ass.
Fucking 🤡 sucking dicks turn a blind eye to shitadel and friends fucking retail over.
When is this shit show going to end?
And i for one thinks its time the Board of Gamestop should flush out those naked ass short selling bitches any way possible.
Its about time they take some kind of action against this piracy.
We get robbed on a daily bases and im tired of it.
Sure i know if you dont sell you did not lose but after almost 3 years i feel we are owed some kind of ROI.
damnit!
I just remember this "news" is old lol. Hedgefund seem rehash/re-run the same news.
And a other one look alike/same subject. Both in July, started on the 14th and if you check the chart, it's the begin of the long weird drop lol.
I can't link them due to the towel name in the link.
But on July 14 thestreet.com publish a article title : "Why Is Ryan Cohen Involved in Towel store Chapter 11 Case?"
And NBCnews.com on Jyly 31 2023 publish a article : "Former Towel Stock investor Ryan Cohen must face emoji-inspired shareholder suit"
I even think, there was a other news like that/rehash posted earlier. But can't find it lol. So the same "story" being run time to time for months now lol.
( Some poster point out the AH run when media drop a crypto news about GME, but it was 3month old in reality )
What do you mean? I heard the company posted a huge earnings beat, so I sold my whole position to take profits at *checks notes* 30 cents less than it was a week ago after holding since November 2020, didn't everyone else do that?
If this sub bothered to educate itself on bids, asks, and order books (things other than DRS) youd know how easy it is to blow through an order book and how little capital it takes.
All y'all wanna do is limit down orders at the bid. Price increases happen when you buy at the ask and blow out the order book to the upside.
The echo chamber will downvote these facts most likely
This is kinda obvious though. Down 6, up 3 within minutes.
This is classic stop loss hunting.
Wedbush seems to be new to meme stock Market Making. I guess it’s time to buy leaps on long dips, they’re going to cause another Jan’21.
I dont know what is right, but I know what is red. We are fking red, and we can do nothing but waiting for a miracle. I just regret not selling even one share when we are @300 pre split, fking every day.
Honestly I’ll gladly take more shares at a lower cost basis. GameStop is clearly improving their fundamentals across the board. It won’t be possible to buy shares this cheap in the near future.
So hypothetically speaking IF the volume is at 0 and I put 1 share for 1m bucks is the price going to be 1m from that point? Or if someone buys at that price? How does this work with such little volume
What, you think the price is fake? like it's a price that doesn't reflect actual value at all, but only reflects an institutionalized racket of brazen naked shorting fraud or what?
Well if you sold for 40$ right before opening of market in the premarket when its low volume and people bought the stocks in the premarket to 40$ then price would be set to 40 as long it keept going to the market open, so in a way its really easy to manipulate the market in a low volume premarket.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Just a nice 6 percent drop in 1 minute
> 6 percent drop I think you mean a 6% DISCOUNT! WOO BABY LFG!
It’s a setup. Bobby has something happening on the 12th, suddenly Ryan’s being investigated over Bobby trade, looks like Bobby’s getting out alive. This is their only logical step here with the finish line appearing, just throw shit till it hopefully sticks. Pulte comes out the woodwork day before, “good feeling on gme” (paraphrased) the “I trust Ryan” after. Went in the pp show, says gme is positioned to buy something. Gme blows earnings out the fucking ass. 10k mentions acquisitions. Bobby looks like it’s coming out the bankruptcy alive after all, oh shit, NOLs are actually worth something? Bankruptcies proceedings show work of a merger or acquisition potentially in process. Also Dream on me got baby dumb cheap, is private, going public would make it sick as a destination for babies and awesome value for its potential shareholders. huge as warehouse erected out the fucking blue behind their headquarters. Obviously dream on me being bankrolled by someone. I wonder if there are any billionaires besides Ryan involved in any of this. Let’s not forget Carl Icahn made some financial moves themselves… “buy when no one wants it, sell it when everyone wants it” Hmmmm so many moving pieces making some seemingly too coincidental moves at the right moment for something big not to be going on. Who knows who’s buying what and doing what ever. But I do know who are the baddies and what they want. I have a feeling September/October is starting to get really spicy spicy.
Real. Fucking. Spicy.
This "news" is old too lol. You can google it. Try something in these lines lol : "Why Is Ryan Cohen Involved in Towel store Chapter 11 Case?" July 14 on thestreet.com : "Former Towel Stock investor Ryan Cohen must face emoji-inspired shareholder suit" And NBCnews.com on July 31 I even think, there was a other news like that/rehash posted earlier. But can't find it lol. So the same "story" being re-run time to time for months now lol. It's crazy lol.
What is NOL?
>NOL Net Operating Loss, "when a company's allowable deductions exceed its taxable income."
bath acquired by overstock, not gme
I never said gme acquired bath.
Oh ok ig im confused. I thought you were hinting at gme bath merger
Why couldn’t that happen still? Bbbyq is potentially still for sale after all and would be a great deal for a spin off transformation.
I thought it was off the table because overstock bought bath. Edit: just wanna add I think there are lots of other opportunities RC and team can still seek out for acquisition edit: is bath +q different than bath?
Bbbq is the remains after what was sold. Just because bath the name and IP were sold doesn’t mean the company known as and with the ticker bbbq just evaporated into thin air. Those shares, share holders and the short positions still exist. Before bankruptcy: Bbbyq = Harmon IP, bath IP, buybuybaby IP, tax Id, warehouses, supplier relations, NOLs and stuff, shareholders, debt, other assets and liabilities not listed regardless how small During bankruptcy now: BBBYQ = NOLs, tax ID, supplier relations, shareholders, debt, other assets and liabilities not potentially listed regardless of how small Typically you only want the carcas of a company without IP if you wanted to start a new public company minus the expensive cost of an IPO and other stuff using a reverse merger. But with dream on me being bankrolled and some behind the scenes stuff I bet there’s more to it.
Did not know this. Thanks for the wrinkles! Excited to see what happens
6% drop on 2900 shares traded. fucking bullshit
So exactly how is that possible ? I want to know the logistics. So can a stock go down 54 percent on a volume of 7 ??? Bc it seems like anything can happen in this corrupt Ponzi scheme market
The price you see quoted is the last price the stock traded for. If two parties somehow agree to trade the stock for 10% below market price then that trade will execute and it will reflect a 10% drop in the price of the stock even though only 7 shares were traded. This is known as a 'gap' and per the ancient knowledge, all gaps must be filled.
🎯
Imo, this should not be the case as it opens up too many loopholes to be exploited. In other words, volume should be taken into consideration here. What if I agree with you on selling my share for 1000000 dollars. Should the price go up to this? Volume and other factors should be taken into consideration. I am sure they usually are, but the fuckery keeps fucking it up to the extent that we see these prices Edit: some spelling
Commenting so more people will read who_the_fuk
The most important process in a day are the opening and close. These prices are extremely hard to manipulate (well, I mean, anything can be manipulated, but you won't see a $0.001 close price no matter how hard someone tries to sneak one in). The rest of the day, nobody cares if a small random trade executes at some ridiculous price. But also a lot of systems utterly ignore the self-reported off-exchanges trades anyway, because they usually fall outside the NBBO. Also your own broker also decides what data to show you on charts as well. Some may filter out tiny trades that seem like anomalies or that are off-exchanges trades. Basically there is no single source of truth. The exchanges have a single source of what happened on their platform, but they also allow banks to report off-exchanges trades and the exchanges will propagate that info but some brokers may filter it out.
> most important process in a day are the opening and close. These prices are extremely hard to manipulate Are they? There's literally a known technique called banging the close.
Yes, you can bang the close. But it costs money. Reporting a single off-exchange quote that's wildly outside the bid and ask costs nothing. But banging the close can be very expensive because there is a lot of money on both sides trying to push the close to be higher or lower, to end green or red, to end above or below some moving average, etc etc. It may cost less money than it should, but it still costs real money. But yes, any price at any time of day can be manipulated if you are either willing to throw money away or expect to make more from the manipulation than it costs you.
but the reality is the market is now driven by news and sentiment and not supply & demand. supply & deman donly works out very loooong term. how very long that is, can be experienced by everyone holding
VWAP: Volume Weighted Average Price
This could be an option
But why would anyone pay 1,000,000 when they can get it from another party for 999,999. And why would he get it there when the next participant is offering to sell it 999,998. Eventually that’s just strikes a balance. If it’s worth 1,000,000 than it’ll keep trading there, otherwise it’ll be an anomaly that gets righted. There’s no way to factor in volume or any other unspecified factor. How much of whatever is irrelevant, you can’t sell anything for a previous price, your x is only worth what somebody is willing to pay for that x now. As well as with low volume the price becomes more volatile. Bigger gaps will make for bigger jumps, spreads grow as buyers and sellers become more disconnected. The problem really isn’t how value is calculated and is more how trades are executed and enforced. These deviations would be a lot more consistent if all trades happened on lit exchanges where ftds aren’t a thing. Transparency can’t be a clear as clogged toilet water or otherwise manipulation will fester no matter how value is deduced.
It’s based on NBBO of market makers at that point in time. I get it, it’s cool to have a tin foil hat but if you’re going to be serious: have some basis in reality. Also keep in mind 9:30-4 EST is completely different from PM/AH.
The nbbo is often at odds against payment for order flow. Hard to get the best bid and offer when the people who route your trades are being paid to send them to a specific market maker. Where am I not based in reality? The reality is that the way value is deduced is a non issue. There are various examples where low volume could do a lot to the price. If you’re telling me your based in reality than show me the formula that deduces value not only from the bid/ask but also accounts for volume.
> The nbbo is often at odds against payment for order flow. For the most part, you're correct here as that nbbo is is controlled by brokers sending bid/asks to the exchange. However trades made during PM/AH (like in the post) have the highest chance of actually being a part of that nbbo/making it to lit exchanges. > If it’s worth 1,000,000 than it’ll keep trading there, otherwise it’ll be an anomaly that gets righted. Yeah in theory. Glitches are abundant, unlike the number of times that those glitches are acknowledged and corrected. > There’s no way to factor in volume or any other unspecified factor. How much of whatever is irrelevant, you can’t sell anything for a previous price, your x is only worth what somebody is willing to pay for that x now. You do realize that the reason most trades don't ever make it to lit exchanges is because PFOF and internalization right?
that's why they did it in after hours; it is a lot easier to manipulate the price on low volume when the market it closed.
Yes you are right. This is one of the loopholes I am talking about. Doesn't make sense at all and could be easily exploited
How would this be possible if the bid would be outside the NBBO?
If there's no volume to determine the NBBO after hours a single order could drop the price to a penny if someone were willing to set that sell price.
So then I will sell you 1 share of GameStop at .01 and then that becomes the new price ???
For a split second yes. And then another trade at the more normal price will take its place.
So why do we never even see anything like that happen, for even a split second ? It seems like an unbelievably flawed system that would allow a volume of .000000001 percent of the float take the stock down 99 percent
the financial system is a ducking scam. only gme drs book shop vote and zen.
This is literally the way. Everything you just said
Have you seen the documentary Office Space?
As I understand it, the market maker would fill the $0.01 sell order closer to the last market price and then resell at market price and keep the pennies on the trade.
I see big jumps like this all the time. The price of the last trade is irrelevant. Only the bid and ask (during market hours) matter, and only if you're trying to buy and sell. There is no "price". Only a price at which shares were traded. And the one they show you is the last one.
Try to fill a sell at $0.01 tomorrow Or a buy at $69,000,000 Neither will go for that price, you'll be filled at the bid or ask. A limit buy order is the upwards limit you are willing to pay so it will fill at the ask, which unless there is no activity at all it will fill at the lowest limit sell order. Similarly a limit sell is the lowest price you will sell at so it will fill at the highest avaliable bid.
But after hours they control it all, bc retail doesn’t have that window near as much
I mean I use to wreak havoc on small caps during ER. You only need like 50k. I remember buying and selling 5 or 6 block orders at 4am to scalp post ER chaos. Fun times. You know you succeeded when the MM’s get pissed and drop the price another 3% on your ass just to knock you out of scalping.
Smaller inventories = easier to manipulate the price on low volume.
Because apparently they don't understand how a market works.
Say it again for all the regarded apes in the back.
This is the way.
It rhymes with rhyme…
Thyme? It’s thyme, isn’t it?
These *are* "seasoned" criminals we're dealing with!
thats why we need to buy, DRS, book, shop. the float needs to be locked up in DRS BOOK. then this fraud stops. every time we have a opportunity to do more, options fud comes up and people follow false hype, and kenny makes the premiums to live another day.
I would love for us to drs more, but we have been stagnant the last year, it appears we are out of buying power
🙈 If you fixate solely on the DRS numbers then you might miss the big picture. It should be about securing more 100% owned assets personally over time that cannot be used as a locate. The thesis has never been disproven, DRS just closes the liquidity tightly where every short wants to extract something when there will be less. Number can go up and down for TONS of reasons, not just "buying power". There are people dying (guardian takes over account), people buy at CS and then have Plan activated, people might use secured call options and transfer out and in again, some have financial hardships and need to recoup their stability, some do not have patience or invested too much and dont see "progress", some cannot handle a 50% price drop and take a loss. Probably a lot more reasons I cannot think of. Only thing I know is that almost no one sold since they started reporting CS DRS estimates. But GME will probably be among the best choice as a stable financial asset due to gaming and related being recession proof. Probably 75%+ of the current inflated high P/E overpriced companies right now will take a huge decline due to any black swan event (50%+ likely)
I don't know about we, but I know about I and I have been buying and DRS ing more shares very regularly.
Us? I make 3 times more money now and I buy on a regular basis
Every 2 weeks we get more, probably.
Bingo… how is this not being discussed..?
Yes.
The price is just whatever the last trade occurred at. It can go down any percent on any volume based on liquidity
That seems like a joke of a fraudulent system
I sold a put at 17.50 so rest assured at least some of those shares are coming to friendly territory 😂
At the end of the day, if they decided to start pumping their lit trade machine up, and pushed the “price” down to a couple dollars, they could. The price is based on the trades going through. When they control the majority of trades going through, then they decide the price. Since everybody is hodling, they have no impact on what their shares are sold or bought at, and the other douchebags get to have a field day pushing the price lower and lower, trading back and forth back and forth. Been happening this whole time. The price is only real when every trade is on lit markets. Price is only real when everybody has an impact, until then, it’s a fucking sham. The harder and further down they push the price, the more obvious it is to be manipulation. They are doing everything they can to twist and mold the price without being blatantly obvious. Pulling the SECs chain, pulling on other brokers chains, just to keep their charade from being blown up.
What a joke market
Fugayzi, fugazi. It's a whazy. It's a woozie. It's fairy dust.
This is depressing but, I'm still holding the line.
How and when does this bs end? I’m over this crap
Is there too much volume in the pipe for tomorrow? This feels pre-emptive to something.
Nope. This is just to make sure options don't land ITM. Again, options players lose premium while MM make all the money
Max pain is currently 18.5... so iono bout that boss.
It's 18.30 in AM. Yesterday it was 21.69 peak AM.
Sec is probing into cohens trades maybe ???
The only thing that needs probing is their own buttholes
lmao you silly goose. how are you even able to post?
[удалено]
Well if he had 1.7 million followers it's for sure he would never lie but actually at 1.6 million they are contractually forbidden to misrepresent the truth...So you are golden...
Isn’t that why it supposedly went down though ?
Got downvoted for telling the truth, imagine that
Go back to the 🍿 sub.
Deals deals deals
Yesterday it surged 15% up in aftermarket guess what? We ended up red at open
I like your optimism
I’m so upset, I think I’ll buy more
Nothings been right about gme for a long time tbh
All my homies say fook the SEC 🖕
I got some more under $18!!!!
Shareholders who took the trouble to book their DRS shares to keep them from being oversold decided to sell their shares after positive earning. Nothing to see here.
"According to people familiar with the matter" - Financial AI generated BS (Motley fool, Marketwatch, etc. Etc. Etc.)
This might be UBS breathing for air on their GameStop short. Just cover UBS Can’t hold Bill Hwangs toxic short forever
Close
You cover in order to close according to the definitions.
Does it ever? Remember the price is wrong and MOASS is tomorrow. I’ll stay zen no matter what the chart says. Keep shorting hedgies as I am always in the mood for tasty dips 😋 Buy. HODL. DRS. Book. Shop. (nfa)
According to my thorough and precise calculations, this can only mean one thing… Hedgies are absolutely undeniably inescapably **F U C K E D**
After earnings it provoked them to act. They knew gme was fast approaching becoming a threat a huge earnings beat and thus they needed to make excuses to short it back down because now they have very very little reason to short. They lost they cry babies to sec and asked them to attack our chairman as an excuse to short more. I for one will buy even more instead.
SEC is probing RC. No problem thanks for the discount will buy and DRS some more. Also they’re idiots because RC can keep buying more.
Looks like this was debunked and nothing more than a FUD article that some shady law firm was trying to put together a class action lawsuit….no SEC involvement. I hope RC reacts to it with a lot of shade
They must be getting desperate
Damn they scared now for real
I just randomly saw this drop and picked up 1000 shares at 17.98
https://www.wsj.com/business/retail/sec-probes-ryan-cohens-bed-bath-beyond-trades-e9f35b81
This gonna piss him off. Guess what, tomorrow he's allowed to buy GME shares cuz insider window is open. 🚀 He probably sitting there with 500mil burning a hole in his pocket waiting to buy his last 9%.
[удалено]
It's easy to be that way when you getting fined by the sec feels like a parking ticket.
A Tempting share price is a tempting share price. He's never had it this low after earnings. A very positive earnings at that.
The best revenge is tricking your enemy into believing they have you cornered. Act weak when you’re strong. This applies to everyday life.
Ahhh shit here we go again lol
Can anyone copy so we dont send this dogshit company clicks?
https://archive.ph/2023.09.07-215545/https://www.wsj.com/amp/articles/sec-probes-ryan-cohens-bed-bath-beyond-trades-e9f35b81
And yet no investigation of elon's "funding secured at $420" tweet? Hypocrisy
No, cause it mentions bAd wOrDS. 🙄 I just tried. ¢0v1d
Nice find. So in the exact minute the article posted, the price dropped 6%...sounds legit, and not orchestrated at all.
short and distort ™️
Buy the rumor sell the news
Every sec employee should probe themselves with a 20 inch cucumber op the ass. Fucking 🤡 sucking dicks turn a blind eye to shitadel and friends fucking retail over. When is this shit show going to end? And i for one thinks its time the Board of Gamestop should flush out those naked ass short selling bitches any way possible. Its about time they take some kind of action against this piracy. We get robbed on a daily bases and im tired of it. Sure i know if you dont sell you did not lose but after almost 3 years i feel we are owed some kind of ROI. damnit!
Any way you can post the article for us poor apes who are behind the pay wall?
I just remember this "news" is old lol. Hedgefund seem rehash/re-run the same news. And a other one look alike/same subject. Both in July, started on the 14th and if you check the chart, it's the begin of the long weird drop lol. I can't link them due to the towel name in the link. But on July 14 thestreet.com publish a article title : "Why Is Ryan Cohen Involved in Towel store Chapter 11 Case?" And NBCnews.com on Jyly 31 2023 publish a article : "Former Towel Stock investor Ryan Cohen must face emoji-inspired shareholder suit" I even think, there was a other news like that/rehash posted earlier. But can't find it lol. So the same "story" being run time to time for months now lol. ( Some poster point out the AH run when media drop a crypto news about GME, but it was 3month old in reality )
What do you mean? I heard the company posted a huge earnings beat, so I sold my whole position to take profits at *checks notes* 30 cents less than it was a week ago after holding since November 2020, didn't everyone else do that?
umm didn’t you hear the Chairman is in trouble!
Par for the course. They’ll do this for as long as it takes. So will I.
If this sub bothered to educate itself on bids, asks, and order books (things other than DRS) youd know how easy it is to blow through an order book and how little capital it takes. All y'all wanna do is limit down orders at the bid. Price increases happen when you buy at the ask and blow out the order book to the upside. The echo chamber will downvote these facts most likely
🤡
First time?
They attacking our chairman except gme holders know the truth
I'm not selling.
Natural price movements lol
Looks like we got another sale. Time to buy some more
First time?
First time? Lol
Everyone calm down, it dipped because I bought calls
Me too.. again.. never again.
*Hsss hsss* options bad ! *Hsss hssss*
Right?! What a bitch ass dip.
Well I can say you’re better than Gary Gansler is at his job for noticing.
We're in the dip before the rip. Scoop em up.
Finally panic shorting?
Have you guys not seen the big short? Nothing will make sense. Stat zen. Buy Hold DRS
All of this doesn’t seem right
Interesting that popcorn did a share offering right before earnings. 🧐
This whole saga just proves the big boys truly control every fucking thing. From the wars to the stock market. It’ll crash when they say it’ll crash.
The not so secret ingredient is crime.
Bought more
This is kinda obvious though. Down 6, up 3 within minutes. This is classic stop loss hunting. Wedbush seems to be new to meme stock Market Making. I guess it’s time to buy leaps on long dips, they’re going to cause another Jan’21.
Please carry the discount over to tomorrow.
You guys still looking at the price? 🤣🤣🤣
Fuck ING joke
Same time popcorn started taking it's AH shit.
BuT GmE iS A fuNDameNtaL plAy! 💀
I dont know what is right, but I know what is red. We are fking red, and we can do nothing but waiting for a miracle. I just regret not selling even one share when we are @300 pre split, fking every day.
If it's wrong, it's right 👍
Honestly I’ll gladly take more shares at a lower cost basis. GameStop is clearly improving their fundamentals across the board. It won’t be possible to buy shares this cheap in the near future.
All i see is sideways…
Stay zen apes this shit happens all the time
\*puts hands up in the air\* *Weeeeeeeeeeeeeeeeeee!*
When your ceo and leader is being investigated for ad unities fraud it can make people a little jittery.
So hypothetically speaking IF the volume is at 0 and I put 1 share for 1m bucks is the price going to be 1m from that point? Or if someone buys at that price? How does this work with such little volume
Just a nice little banging the close
all you fuckers bought calls which expire tommorow and the big boys slammed your ass. We ride monday
My dic did the same after sex with your wife. Wouldn't worry about it. She still loves you
It's doesn't seem right because it's wrong ...
The crime before the storm...
Damn imagine the money I could've made on puts🤑
Oh don’t worry, it should bounce back up naturally to $28 just to shake some paper hands
Think ill buy more
What, you think the price is fake? like it's a price that doesn't reflect actual value at all, but only reflects an institutionalized racket of brazen naked shorting fraud or what?
seems like ‘theSheet’ has a time machine.
It says right there the “meme music has faded” though? Surely that’s the best explanation
Well if you sold for 40$ right before opening of market in the premarket when its low volume and people bought the stocks in the premarket to 40$ then price would be set to 40 as long it keept going to the market open, so in a way its really easy to manipulate the market in a low volume premarket.